Suresh Prabhu kicks off new National Industrial Policy Consultation in Guwahati

Guwahati, February 03: Union Commerce  and Industries Minister Suresh Prabhu kicked off a series of nation-wide consultations with the industry on the proposed new Industrial Policy. The first consultation was held at Guwahati on February 02. The event, organized by Department of Industrial Policy and Promotion (DIPP) in partnership with Federation of Chamber of Commerce and Industry (FICCI), was attended by more than 120 industrialists from the Northeast in addition to government officials from the Northeastern states.

In his speech, the Minister emphasised the importance of this exercise being done after 25 years. He highlighted that  this is the first time a policy is being designed that truly listens to and objectively equips Indian Industry for the future. Suresh Prabhu underscored the change in the culture of governance under the current NDA government and showcased how the government was coming to the industry to understand their concerns rather than the other way around.

The Minister stressed on the laser focus of the government to make business easier for industry. In this regard, he highlighted multiple initiatives of the government to reduce the burden of regulations for the industry. He also talked about the importance of Centre-State cooperation and the need for change even at the district-level.

The event was also attended by Chandra Mohan Patowary, Minister of Industries & Commerce, Government of Assam. In his remarks, Patowary emphasized the Northeastern region’s potential to be a gateway to South East Asia and mentioned the recent initiatives of the government in this regard. He also highlighted the need for Industrial Policy for the Northeast.

Vandana Kumar, Joint Secretary,  made a detailed presentation on the key highlights of the proposed policy. She mentioned the dual challenge of dealing with existing issues of the industry and in preparing the industry in the wake of global mega-trends such as servification, industry 4.0, responsible industrialisation and rising protectionism. The new industrial policy envisions to create a competitive Indian Industry that is equipped with skill scale and technology. Ms Kumar also highlighted some of the key ideas such as a single ID and digital platform for all G2B services across the business lifecycle, paradigm shift toward self-certification and third-party certification, plug and play infrastructure for SMEs, privatizing maintenance of industrial estates and creating a national R&D vision.

Puneet Dalmia, Managing Director of Dalmia Cement Bharat and Chairman FICCI Manufacturing Committee mentioned the need to bridge the trust deficit and doing business further easier. Atul Chaturvedi, Additional Secretary, DIPP, Dr Sanjaya Baru, Secretary General of FICCI, Dilip Chenoy, Director General of FICCI also graced the occasion.

The session concluded with a vibrant Q&A session moderated by Dr Sanjaya Baru, with the industrialists highlighting their wishes and concerns.

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